The Latest

MineralTree announced a new partnership program for FAOs to offer its accounts payable and payment automation solution to their clients.

The American Institute of CPAs is pushing to improve the quality of employee benefit plan audits, in part by discouraging unqualified firms from offering the service, in advance of an upcoming report from the U.S. Department of Labor that is expected to find continuing problems with the quality of one-third of the audits.

Accounting and consulting firm BDO USA, along with EY and Protiviti, have been named amongst 2015's "25 Best Places to Work for Recent Grads" by Symplicity, provider of career services management solutions. Symplicity describes the 2015 list of honorees as organizations that offer fun and supportive company cultures, good paychecks, and extraordinary opportunities for career growth. Accenture, General Motors, Nationwide, Nestle, and SAS were among the other winners.

John Malone, the founding partner of MaloneBailey, has announced that he will retire from the Houston, Texas-based firm in May 2015.

Chicago plastics manufacturer Stefan Edlis faced more than $20 million in U.S. capital gains taxes by selling his Andy Warhol painting to billionaire Steven A. Cohen eight years ago.

A New Jersey CPA and lawyer has been sentenced to 27 months in prison for conspiring with a mortgage broker to extort and defraud police officers and other victims by falsely claiming they were the subjects of Internal Revenue Service criminal investigations that he could resolve if they paid up to $20,000.

The AICPA identified eight issues it believes are essential for Congress to consider in order to achieve small business tax reform in written testimony submitted last week to the House Small Business Committee for the record of the hearing the committee held on April 15, 2015 entitled, “Tax Reform: Ensuring that Main Street Isn’t Left Behind.”

Marc Rosenberg of Rosenberg Associates talks about ways to encourage growth in accounting firms and attract qualified staff, and the threats and dangers that firms confront if they become too complacent, in an interview with Accounting Today editor-in-chief Dan Hood.

Junior Achievement of Southwest New England and BlumShapiro announced today that they will co-host the second annual JA Career Walk in West Hartford Center for West Hartford’s Hall High and Conard High school students. The program looks to prepare students for the real world and gain a better understanding of jobs in their community.

The American Institute of CPAs has issued a set of questions and answers on the services a practitioner can provide in connection with the American Land Title Association’s Best Practices Framework for real estate settlement.